EGX witnesses LE7.34B turnover amid red trading Tuesday

CAIRO – 14 December 2021: The Egyptian Exchange (EGX) ended Tuesday’s session in the red zone, losing around LE 3.22  billion of market capitalization, amid Egyptian and foreign selling.

The benchmark EGX30 dipped 0.70 percent, or 82.39 points, to end at 11,618.01 points.
 

The equally weighted index EGX 50 declined 0.79 percent, or 16.1 points, to end at 2,017.4 points.
 

The small and mid-cap index EGX 70 dropped 0.97 percent, or 20.68 points, to close at 2,113.37 points, and the broader index EGX100 decreased 0.84 percent, or 26.41 points, to close at 3,124.18 points.
 

Market capitalization lost around LE 3.22 billion, recording LE 731.73 billion, compared to LE  734.95 billion in Monday’s session.

The trading volume reached 651.73 million shares, traded through 43,825 transactions, with a turnover of LE 7.34 billion.

Arab investors were net buyers at LE 3.9 billion, while Egyptian and foreign investors were net sellers at LE 2.57 billion, and LE 1.34 billion, respectively.

Egyptian, Arab, and foreign  individuals were net sellers at LE 432.17 million, LE 735.94 million, and LE 6.511 million, respectively.

Egyptian and foreign organizations sold at LE 2.13 billion, and LE 1.33 billion, respectively, while Arab organizations bought at LE 4.64 billion.

Emerald Real Estate Investment, Heliopolis Housing, and Zahraa Maadi Investment & Development were top gainers of the session at 6.69 percent, 5.85 percent and 4.73 percent, respectively.

Meanwhile, Egyptian for Tourism Resorts, El Nasr Clothes & Textiles (Kabo), and Northern Upper Egypt Development & Agricultural Production were top losers of the session by 9.45 percent, 5.95 percent, and 5.92 percent, respectively.